SMB-focused Finom closes €115M as European fintech heats up

SMB-focused Finom closes €115M as European fintech heats up

Finom, an Amsterdam-based challenger bank for SMBs that claims to have doubled its revenue in 2024, closed a €115 million Series C equity round (around $133 million).

Finom Raises €115 Million in Series C to Expand European SME Services - Fintech Schweiz Digital Finance News - FintechNewsCH

Finom, an Amsterdam-based digital financial services platform for entrepreneurs and SMEs, has announced the completion of a €115 million Series C funding round. The round was led by AVP (formerly AXA Venture Partners), with additional participation from new investor Headline Growth and existing backers General Catalyst, Northzone, and Cogito Capital. The latest funding follows a €92.7 million growth investment from General Catalyst’s Customer Va…

Amsterdam-based Finom, a neobank targeting SMBs, raised a €115M Series C led by AVP after raising €92.7M from General Catalyst in May

Anna Heim / TechCrunch: Amsterdam-based Finom, a neobank targeting SMBs, raised a €115M Series C led by AVP after raising €92.7M from General Catalyst in May  —  While funding may be scarce for some, Europe's fastest-growing startups still have their pick.  —  The latest beneficiary of that investor appetite is Finom …

After €92.7M, Amsterdam’s FINOM raises €115M from AVP and others - Silicon Canals

Amsterdam-based FINOM, a digital banking solution for SMEs and entrepreneurs, has secured €115M in a Series C funding round led by AVP (previously AXA Venture Partners). AVP is an independent global investment platform dedicated to high-growth, tech (from deep-tech to tech-enabled) companies across Europe and North America, managing more than €2.5B of assets across four investment strategies: venture, early growth, growth, and fund of funds. “We…

Dutch Fintech Finom Secures $115 Million in Series C Funding | Fintech InShorts: Latest fintech news, analysis by experts

Exploring the Impact of Finom’s Latest Funding Round on the European Fintech Landscape Highlights: Finom raised $115 million in Series C funding led by notable investors. The funding will be used to enhance Finom’s services and expand its market reach. This investment underlines the growing interest in the fintech sector across Europe. Finom, a prominent player in the Dutch fintech scene, has successfully secured $115 million in a Series C fund…